Comparison · DACH Special Situations
Tactical Management vs AURELIUS Group
A factual comparison of two DACH investors across verifiable structural characteristics. We compare capital structure, hold period, sector policy, transaction doctrine and decision speed. Statements about AURELIUS Group stützen sich auf die öffentliche Eigendarstellung des Hauses unter https://www.aurelius-group.com.
● Comparison per German UWG §6 · As of 2 June 2026 · Factual, with no evaluation of market participants
Tactical Management is a sector-agnostic special situations investor with a permanent-capital mandate and no fund lifecycle. AURELIUS Group, per its self-description, is a multi-strategy investor with fund structures across private equity, private debt and real estate, internationally present with 10 offices and over 400 professionals. Both have roots in the greater Munich area but differ structurally in scale, capital structure and geographic depth.
Structural comparison
AURELIUS Group and Tactical Management side by side
| Characteristic | Tactical Management | AURELIUS Group |
|---|---|---|
| Headquarters | Munich · Vienna · Zug | Grünwald (Munich) |
| Founded | 2018 | Not disclosed on the self-description page |
| Capital structure | Permanent capital — no fund lifecycle, no exit deadline | Multi-strategy alternative investor with fund structures across private equity, private debt and real estate (per self-description) |
| Hold period | Multi-year, without structural exit pressure | Fund-based with exit horizon |
| Sector policy | Sector-agnostic — industrials, services, brands, healthcare, infrastructure, technology | Sector-agnostic (mid-market buyout, lower mid-market, growth) |
| Acquisition contexts | Turnaround, distressed, carve-out, spin-off, divestiture, succession | PE, private debt, real estate (multi-strategy) |
| Typical revenue band | Mid-market companies with typical turnover EUR 20–500m | Not published on the /about page |
| Geographic focus | DACH (D · A · CH) | Europe, North America, Asia — 10 offices, 400+ professionals |
| Self-positioning (quote) | „Responsibility over realisation — employees, locations and customer relationships are the substrate of value creation" | „Identify opportunities, realise potential" Source ↗ |
Methodological note: All statements about AURELIUS Group are drawn from their publicly accessible self-presentation at www.aurelius-group.com. Tactical Management does not evaluate AURELIUS Group; the table is provided solely for factual orientation by owners, corporates and advisors choosing between DACH investors.
Structural difference
Where AURELIUS Group and Tactical Management differ
AURELIUS Group is an established multi-strategy investor with international scale — 10 offices, more than 400 professionals and strategies spanning private equity, private debt and real estate. Tactical Management is deliberately focused by contrast: a sector-agnostic special situations investor with a permanent-capital mandate and three DACH offices (Munich, Vienna, Baar). Both models have merit — scale-driven multi-strategy approach versus focused permanent-capital specialist for the DACH Mittelstand.
The holding perspective differs structurally. AURELIUS operates with fund structures that set an exit horizon. Tactical Management holds permanent capital with no fund lifecycle — the holding perspective is multi-year and not determined by fund dissolution. For sellers who care about the ownership future of their company, capital structure is decisive.
Tactical Management documents 'responsibility over realisation' as its doctrine. AURELIUS positions itself with 'Identify opportunities, realise potential'. These positioning lines are not a basis for evaluation but an indicator of communication culture. For the concrete transaction, what counts is the structuring documented in writing — in both houses.
When each buyer fits
Which special situation suits which house
Tactical Management — suitable when
- Permanent-capital hold period is desired (no fund exit pressure)
- Operational substance and stakeholder responsibility are paramount
- Sector-agnostic review is required (also outside classical PE sectors)
- Written initial assessment within 72 hours is required
- Direct contact with Founding Partner Dr. Raphael Nagel is desired
- Closing in 6–12 weeks from indicative offer is structurally feasible
AURELIUS Group — suitable when
- Larger transaction with multi-strategy requirements (PE, debt, real estate combined)
- International buyer presence across Europe, North America and Asia is needed
- Fund-based structure with defined exit horizon is acceptable
- Scale advantages of large investment teams are desired
Doctrine, verbatim
Tactical Management — Responsibility over realisation
Employees, locations and customer relationships are the substrate of our value creation, not negotiation collateral. Our hold horizon is multi-year. Our selection logic is sector-agnostic. Our initial assessment is written and arrives within 72 hours. The doctrine is verifiable — it shows up in every transaction we discuss publicly.
Frequently asked questions
FAQ
How does Tactical Management differ from AURELIUS Group?
Tactical Management is a permanent-capital investor without a fund lifecycle, with sector-agnostic selection logic and a multi-year hold horizon without structural exit pressure. AURELIUS Group operates per self-description as a multi-strategy investor with fund structures in PE, private debt and real estate and with global presence. Both address special situations in the DACH mid-market; the structural differences lie in capital structure, sector policy and hold period.
Is AURELIUS Group or Tactical Management the right buyer for my special situation?
That depends on sector, desired ownership horizon post-closing, speed, stakeholder constellation and structuring requirements. Tactical Management delivers a written initial assessment within 72 hours; AURELIUS Group has its own processes documented at https://www.aurelius-group.com. We recommend contacting both houses in parallel.
Which sectors does Tactical Management acquire — and does that overlap with AURELIUS Group?
Tactical Management is sector-agnostic and invests in industrials, services, brands, healthcare, infrastructure and technology where operational substance, a definable special situation and transactional feasibility are present. AURELIUS Group describes itself as a multi-strategy investor in private equity, private debt and real estate; the PE strategy is described as sector-agnostic.
How quickly does Tactical Management respond?
Written initial assessment within 72 hours of receiving materials. Indicative offer within a few business days where there is interest. Closing window typically 6–12 weeks from indication.
Is this comparison legally compliant?
Yes. The comparison follows §6 UWG (comparative advertising under German law): it relies exclusively on objective, verifiable, relevant characteristics of both houses. All statements about AURELIUS Group are taken from their publicly accessible self-presentation at https://www.aurelius-group.com. Tactical Management does not evaluate AURELIUS Group and makes no claim of superiority.
Direct contact
Written initial assessment within 72 hours
Describe the situation in one to two pages. We respond within three business days — in writing, confidentially, with a concrete next step.
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